Nippon Steel postpones US Steel acquisition closing

Nippon Steel Said On Friday, the company postponed the closing date for its $14.9 billion acquisition of U.S. Steel after the Department of Justice (DOJ) requested additional information and documents related to the deal. Japan announced that it has revised the expected completion date of the transaction from the second or third quarter of calendar […]

Jets bolster pass rush with acquisition of Haason Reddick in trade: reports

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Nippon Steel defends US Steel acquisition after Biden opposition

Nippon Steel defended The possibility of the company acquiring U.S. Steel emerged on Friday after President Biden opposed the deal the previous day. “Our transaction has clear benefits for U.S. Steel, our union members, the broader U.S. steel industry, and U.S. national security,” the Japanese company said in a statement. “Through increased financial investment and […]

Silicon Valley Bank is back, after collapse and acquisition – The Washington Post

SAN FRANCISCO — Advertisements loom over commuters and tourists, peppered with colorful brands that many here in the tech capital thought were companies consigned to the dustbin of history. A year after Silicon Valley Bank suffered the third-largest banking failure in U.S. history, the startup and technology-focused bank wants you to know it’s back. The […]

Biden To Oppose Foreign Acquisition Of US Steel In Bid To Sway Blue-Collar Voters

President Joe Biden plans to voice his opposition to a foreign takeover of iconic American company U.S. Steel on Thursday in an effort to win over blue-collar voters, according to the Associated Press. Japan’s Nippon Steel first announced in December that it would buy US Steel, the world’s fourth-largest steel producer, for about $14.9 billion, […]

Hawley urges blocking Capital One acquisition of Discover

Sen. Josh Hawley, R-Missouri, called on Jonathan Canter, assistant attorney general of the Justice Department’s Antitrust Division, to end Capital One’s planned acquisition of Discover. “This is the most disruptive corporate merger of all time. If completed, this merger will create a new behemoth in the credit card market that will take unprecedented robbery from […]

How Capital One’s acquisition of Discover could impact consumers

Portfolio Wealth Advisors President and Chief Information Officer Lee Munson talks about the expected earnings releases of major banks, the Federal Reserve’s interest rate cuts, and gives his outlook for the market this year. Following Capital One’s announcement earlier this week of its plans to acquire Discover, there are already opposing views on whether the […]